egins with a lot of tech giants with the end of the second fiscal quarter of 2016, disclosure reports, which monitors sales and profit movement, and the latest reports issued today by LG Company for the second quarter of the year, highlights the good results, however, sales of smart phones do not represent a large part of this Results.
Announced that LG's financial results for the second quarter of this year 2016, and as expected, the good performance of the company in general, where he was able to achieve a profit of 503.1 million dollars, which is higher by 140% over the same period last year, the company reported that home appliances , air conditioners, computers and home entertainment and television play a big role in the rise in profits during the second quarter of this year.
With regard to smartphones, things are not going the same pace of other devices, which achieved LG's sales of smartphones reached 13.9 million smartphones, up 3% from the previous quarter, and a loss recorded by 132.1 million dollars, as a result of increased marketing expenses , slow initial sales of the smartphone G5, but the LG company still expects progress in sales over time, may be due to the company announced the launch of a new version of V series smart phones in the quarter from the 2016 time.
Leaks have indicated in the past, that the new version, which follows the phone LG V10 will be launched in September, which is emphasized by the LG through the recent announcement, the new phone can be named LG V20, or LG V11, and will be launched by Verizon soon, however, LG company did not provide any details on the phone or its features so far, but it is likely that the phone simulates a V10, with a large-screen HD, with expectations of metal frame surrounds the telephone provides protection against shock, and is expected to leaks reveal more details coming soon.
Announced that LG's financial results for the second quarter of this year 2016, and as expected, the good performance of the company in general, where he was able to achieve a profit of 503.1 million dollars, which is higher by 140% over the same period last year, the company reported that home appliances , air conditioners, computers and home entertainment and television play a big role in the rise in profits during the second quarter of this year.
With regard to smartphones, things are not going the same pace of other devices, which achieved LG's sales of smartphones reached 13.9 million smartphones, up 3% from the previous quarter, and a loss recorded by 132.1 million dollars, as a result of increased marketing expenses , slow initial sales of the smartphone G5, but the LG company still expects progress in sales over time, may be due to the company announced the launch of a new version of V series smart phones in the quarter from the 2016 time.
Leaks have indicated in the past, that the new version, which follows the phone LG V10 will be launched in September, which is emphasized by the LG through the recent announcement, the new phone can be named LG V20, or LG V11, and will be launched by Verizon soon, however, LG company did not provide any details on the phone or its features so far, but it is likely that the phone simulates a V10, with a large-screen HD, with expectations of metal frame surrounds the telephone provides protection against shock, and is expected to leaks reveal more details coming soon.
